Auto parts supplier to bring more than 100 jobs to Murray, KY

URLhttp://www.kfvs12.com/story/37023222/auto-parts-su
SourceKFVS 12
Date Published12/08/2017
Author NameAmber Ruch
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name DAE-IL Corp.
Type of work Manufacturing
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):120
Year reshoring announced:2017
Year reshoring implemented or to be implemented:2018
Domestically, the work will be done:In-house
Capital investment ($):50
Country(ies) from which reshored:Korea, Republic of
City reshored to:Murray
State(s) reshored to:KY
If relevant, work nearshored to:-
Industry(ies):Machinery, Transportation Equipment
Product(s) reshoredGears for automotive industry
What domestic positive factors made reshoring more attractive?Government Incentives, Skilled workforce availability/training
Government Incentive dollar amount:3500000
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